Assessing your financial situation takes time, especially if you have recently lost someone. the option to receive your claim proceeds in the form of an interest-bearing account with check writing privileges, called a Concierge Account.

The Concierge Account earns interest on a daily basis at a specified rate, provides free check-writing privileges and guarantees the safety of the principal. We base the guarantees on the claims paying ability of Nassau Life Insurance Company. A brochure explaining how the Concierge Account works is mailed with the checkbook upon payment of a claim.

Most importantly, the Concierge Account provides beneficiaries with time to carefully consider options for using claim proceeds. This option may be beneficial to you if:

• The beneficiary is an estate or a trust, and you do not have a bank account for the entity.
• You need to keep track of expenses written from the death benefit proceeds.
• You are unsure of what to do with the proceeds, and need more time to decide.

Read more in the Concierge Account Disclosure.

Employer

If you are still employed, check with your company about available resources. Many times, these are called Employee Assistance Programs (EAP). EAP programs can assist in a range of areas from locating in-network counseling, resources to help with legal affairs or even financial planning. Most even have free downloadable resources.

Medical Provider

Don't underestimate the help your Primary Care Physician may provide. They can get you in touch with counselors, and provide information on local support groups.

Online

There are plenty of online resources that cater to different topics and circumstances around grief.

Immediately Following Death

• Contact the funeral home to take your loved one into their care.
• Make notifications to immediate family members and close friends. Ask them to help you contact others if needed.
• If employed, contact the deceased’s employer.
• Locate deceased’s Final Instructions:
• – Plans for burial
• – Trust Documents
• – Last Will and Testament

Within Five Days of Death

• Prepare for Burial, Funeral or Memorial Service. Go to the funeral home with a trusted family member or friend to make funeral arrangements.
• Alert the Post Office of decedent's death
• Locate important documents. They may be useful in distributing funds for expenses or to beneficiaries.
• – Birth Certificate
• – Social Security Card
• – Marriage/Divorce papers
• – Life insurance Policies
• – Annuity contracts/ 401K/Pension/Company Benefits
• – Mutual Funds/Bonds/Stock Certificates

Within One Month of Death

• Order Death Certificates. Your funeral director should be able to help you order death certificates. Be sure to order one for the courts, one for each life insurance company, one for each financial institution the decedent was receiving payments from and a few extra if you have any doubt.
• Contact Social Security Administration
• File claims for Life Insurance, and any other financial institutions the decedent is receiving benefits from
• Contact an accountant or tax preparer to discuss filing final income tax, or trust or estate tax returns.
• Contact the Department of Motor Vehicles to cancel the deceased driver’s license and transfer vehicle titles.

Within Three Months of Death

• Consult/meet with an attorney on probate
• Contact Social Security Administration
• Cancel unnecessary home services:
• – Newspaper delivery
• – Cable/Internet provider
• – Phone service
• Notify credit card issuers and credit reporting agencies
• Notify the registrar of voters
• Cancel Memberships

Within Six Months of Death

• Update your own estate documents
• Meet with a Financial planner